NOT LISTED FOR SALE

Estimated Value: $1,043,000 - $1,217,279

3 Beds
2.5 Baths
2,692 Sq Ft
$413/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $884,000 $328 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,408/month

23 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Traditional Architecture
  • 24-Hour Security
  • Gated Community
  • Den

About This Home

As of April 2023

This unit at Colony at Mandalay Beach is vacant and ready for your renovations. Vacant for the last 15 years. GREAT OPPORTUNITY! All offers will be presented. This unit has not been abused but has never been updated. This unit is close to the hot tub and an easy walk to the beaches.

Last Agent to Sell the Property

John Matukas

eXp Realty of Greater Los Angeles License #01909667 Listed on: 02/13/2023

eXp Realty of Greater Los Angeles

Last Buyer's Agent

John Matukas

eXp Realty of Greater Los Angeles License #01909667 Listed on: 02/13/2023

eXp Realty of Greater Los Angeles

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1985

Lot Details

  • 2,692 Sq Ft Lot

HOA Fees

  • $656 Monthly HOA Fees

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Asphalt Roof

Interior Spaces

  • 2,692 Sq Ft Home
  • 2-Story Property
  • Bar
  • Family Room on Second Floor
  • Den
  • Laundry in Garage

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Automatic Gate
  • Controlled Entrance

Pool

  • In Ground Pool
  • Spa

Utilities

  • Air Conditioning
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 191-0-400-445

Community Details

Overview

  • 440 Units
  • Association Phone (805) 985-1577
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 1985

Lot Details

0

HOA Fees

$656 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Traditional
  • Street Number Display: Yes
  • Complex Name: The Colony at Mandalay Beach
  • Entry Floor: 1
  • Living Area: 2692
  • Lot Acreage: 0.0618
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1985
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 371.43

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • Roof: Asphalt
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Peek-A-Boo, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Controlled Entrance, Direct Entrance, Door Opener
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air
  • Security: Automatic Gate, Community, Card/Code Access

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Security, Gated Community, Picnic Area
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 656.00
  • Phone: 8059851577|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 191-0-400-445
  • Lot Size Area: 2692

Multi Family

  • Number Of Units: 440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Apr 3, 2023
Sold by
Norma L Lamug Trust
Bought by
Salzwedel Andrew and Salzwedel Susan
Seller's Agent
John Matukas
eXp Realty of Greater Los Angeles
Buyer's Agent
John Matukas
eXp Realty of Greater Los Angeles
List Price
$999,900
Sold Price
$884,000
Premium/Discount to List
-$115,900
-11.59%
Views
47
Current Estimated Value
$1,113,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,070
Avg. Annual Appreciation
8.91%
Original Mortgage
$253,000
Outstanding Balance
$245,969
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$867,101

Purchase Details

Closed on
Dec 31, 2007
Sold by
Lamug Norma
Bought by
Lamug Norma L

Purchase Details

Closed on
Jun 25, 2002
Sold by
Sabio Eustacia
Bought by
Lamug Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
5.53%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salzwedel Andrew $884,000 Lawyers Title Company
Lamug Norma L -- None Available
Lamug Norma $358,000 Title Court
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salzwedel Andrew $253,000
Previous Owner Lamug Norma $357,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Sold $884,000 -11.6% $328 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $999,900 0.0% $371 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $999,900 -- $371 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,170 $919,713 $598,230 $321,483
2024 $11,170 $901,680 $586,500 $315,180
2023 $9,862 $809,349 $202,331 $607,018
2022 $9,566 $793,480 $198,364 $595,116
2021 $9,490 $777,922 $194,474 $583,448
2020 $9,666 $769,947 $192,481 $577,466
2019 $9,394 $754,851 $188,707 $566,144
2018 $9,263 $740,051 $185,007 $555,044
2017 $8,792 $725,541 $181,380 $544,161
2016 $8,485 $711,316 $177,824 $533,492
2015 $8,575 $700,632 $175,153 $525,479
2014 $8,524 $686,910 $171,723 $515,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-241059

The MLS

APN: 191-0-400-445